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(SHIGAN_SM) Shigan Quantum complete technical analysis [charts+indicators] | Buy/Sell Shigan Quantum | (SHIGAN_SM) share price targets

Complete technical analysis of Shigan Quantum (SHIGAN_SM) by charts plus indicators, forecast predictions and share price targets for Shigan Quantum (SHIGAN_SM)

Showing technical analysis as on 2024-12-04 View latest technical analysis

10 day averaged volume of Shigan Quantum is 10650

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	114.00	116.70	116.70	114.00	0.423 times
03 Tue Dec 2024	112.05	112.05	112.05	112.05	0.141 times
02 Mon Dec 2024	112.50	112.50	112.50	112.50	0.141 times
29 Fri Nov 2024	115.00	117.00	117.00	113.35	0.563 times
28 Thu Nov 2024	112.65	114.50	114.50	112.65	0.423 times
27 Wed Nov 2024	114.10	115.70	115.70	112.15	0.986 times
26 Tue Nov 2024	121.00	120.60	121.00	111.50	2.394 times
25 Mon Nov 2024	120.60	120.00	123.00	120.00	0.423 times
22 Fri Nov 2024	118.00	125.00	125.00	114.00	2.113 times
21 Thu Nov 2024	125.00	128.00	128.00	125.00	0.423 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 114.1, but if it comes above 114.1, then a intra day buy could be more profitable.
If you take a sell trade below 114.1, then use 114.1 as stoploss and 107.9 as target. However if you take a buy trade in stock , then use 114.1 as stoploss and 119.32 as target.

Share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Target	95.00
Downside Target	100.00
Downside Target	110.25
Upside Target	114.65
Upside Target	116.70
Upside Target	123.00
Upside Target	125.00
Upside Target	126.00
Upside Target	131.80
Upside Target	138.45
Upside Target	139.00

Intraday share price targets for Shigan Quantum (SHIGAN_SM)

Target Type	Value
Downside Intraday Target	111.8
Downside Intraday Target	109.6
Upside Intraday Target	116.45
Upside Intraday Target	118.9
Upside Intraday Target	114.25

Weekly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	114.00	112.50	116.70	112.05	0.147 times
29 Fri Nov 2024	115.00	120.00	123.00	111.50	0.395 times
22 Fri Nov 2024	118.00	111.60	131.80	111.60	3.909 times
14 Thu Nov 2024	119.85	126.00	126.00	110.25	0.846 times
08 Fri Nov 2024	125.00	114.65	125.00	114.65	0.289 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shigan Quantum (SHIGAN_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	114.00	112.50	116.70	112.05	0.03 times
29 Fri Nov 2024	115.00	122.00	131.80	110.25	0.515 times
31 Thu Oct 2024	122.00	132.50	139.00	100.00	1.135 times
30 Mon Sep 2024	128.40	115.00	138.45	110.50	2.331 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shigan Quantum (SHIGAN_SM)

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shigan Quantum ( (SHIGAN_SM) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shigan Quantum stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shigan Quantum in short term and the sell signal is strong.

Shigan Quantum Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shigan Quantum in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shigan Quantum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 118.02 and Shigan Quantum (SHIGAN_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Shigan Quantum (SHIGAN_SM) stock. Volume based technical analysis of Shigan Quantum (SHIGAN_SM) stock is negative.

Shigan Quantum Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.